£119,930
This estimated value is based upon the latest sale price for the house of £77,000 on 21 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £77,000 | 21 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 695 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in May 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £77,000 results in an estimated price of approximately £119,930.
| 21 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £77,000 | £42,930 | £119,930 |
The Postcode Pricing Model uses changes in average sales price within the IP3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 41.696 % | £32,106 | £109,106 |
| 3 Month Average | 39.606 % | £30,496 | £107,496 |
| 6 Month Average | 35.677 % | £27,470 | £104,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £113,000 | £113,000 | 37 ISHAM PLACE |
| 21 Apr 2023 | £137,573 | £135,000 | 58 FORE HAMLET |
| 15 Mar 2023 | £122,038 | £120,000 | 104 BACK HAMLET |
| 27 Feb 2023 | £134,901 | £134,000 | 5 ISHAM PLACE |
| 24 Feb 2023 | £130,874 | £130,000 | 21 ISHAM PLACE |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 24 Aug 2009. Using an estimated price of £119,930 means this house is valued at £1,857 per sq meter (£172 per sq foot).
The average size of a house on FORE HAMLET is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Pownall Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Isham Place |